4th Avenue
PROPERTY INFO
Metro 12 Townhomes provides the best of what Phoenix has to offer; a community of twelve modern and sophisticated loft-style townhouses located in the heart of the vibrant downtown Phoenix core. The life at Metro 12 immerses you in a highly coveted urban atmosphere, nearby the city’s best restaurants, art, culture, and nightlife.
Metro 12 is an urban condominium community located in the heart of Downtown Phoenix, situated between the Roosevelt Arts District and Copper Square, near Arizona State University’s Downtown Phoenix Campus and the Valley Metro Light Rail. Metro 12 Condos offers sophisticated walkable urban living close to sports venues, cultural arts, nightlife and fabulous restaurants.
Built in 2008, these gorgeous two and three-story urban homes contain twelve high quality units with modern architecture, contemporary design, stained concrete floors, stainless steel kitchen appliances, granite countertops, vaulted ceilings, loft style bedrooms, balconies and small patio-style yards. Metro 12 provides the ideal mix of relaxation and an instant connectivity to the urban core. Owner/Agent.
PLAN
BUY – Purchased for $2,325,000 on 7/9/2013.
FIX – Operate as apartments, raise rents, and finally refresh the exterior and renovate individual units for re-sell.
SELL – Sold for $3,238,020 on 3/15/2018.
WEBSITE
ArizonaApartmentManagement.com
VIDEO
PHOTOS
VESTIS GROUP | PHOENIX MULTIFAMILY REAL ESTATE INVESTMENTS
Vestis Group | Vestis Capital LLC is a real estate firm focused on Multi Family Residential Investment. We invest our clients’ capital together with our own to take advantage of opportunities with attractive risk-return attributes and an expectation of above-market returns. These goals are achieved through stringent underwriting practices and proactive property and asset management.
Through our extensive knowledge of the Phoenix multi-family residential real estate market, we can identify early trends, which provide insight into our pursuit of investment opportunities. Vestis Group’s principals have a thorough knowledge of the housing industry.
We have developed, built, rehabilitated, constructed, improved, managed and sold thousands of apartments, condos, homes, and home sites. Vestis Group principals and affiliates also have extensive experience constructing, improving, renovating, owning and operating residential and commercial properties. Our expertise in management, finance and construction is the backbone supporting every investment opportunity we identify.
For more information, please contact Vestis Group at 602-281-6202 or Email Us.